Brazil’s industry sector has shown mixed trends over the years, influenced by economic volatility, political instability, and commodity price swings. In the early 1990s, industry accounted for over of GDP, peaking at in 1993. However, structural challenges led to a steady decline, with contributions dropping to around by 2003. The sector saw a moderate recovery during the commodity boom of the mid-2000s, reaching in 2004, but economic recession in the 2010s reduced industry’s GDP share to below . Following the pandemic, a slight recovery has been noted, with contributions rising to in 2022 as industrial policies aimed at promoting local manufacturing began taking effect.
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